Demonstrates basic rules of how to read a candlestick chart, long and short term moving averages, stochastic, MACD and relative strength (RS) charts. Explains how bull or bear market condition is computed.

Airgain, Inc. designs, develops, and engineers antenna products for original equipment and design manufacturers, chipset vendors, service providers, and value added resellers and distributors worldwide. Its products include MaxBeam embedded antennas; profile embedded antennas; profile contour embedded antennas; ultra-embedded antennas; OmniMax high performance external antennas; MaxBeam carrier class antennas; and SmartMax embedded antennas, as well as automotive, fleet, public safety, and M2M antennas. The company provides embedded antenna technologies to enable high performance wireless networking across a range of devices and markets, including consumer, enterprise, and automotive. The company was formerly known as AM Group and changed its name to Airgain, Inc. in 2004. Airgain, Inc. was founded in 1995 and is headquartered in San Diego, California.

Financial Statements

The charts below show selected Annual and Quarterly Financial Data.

The purpose of these charts is to discover long and short term change dynamics. When numbers are growing year after year in the annual statements chart, the business become stronger and stronger and this is a good sign.

Quarterly Data Chart can be used to do a short term analysis. It makes sense to pay attention to the quarterly dynamics and do not wait for the next yearly statement. We should be alerted if we see that quarterly numbers are going down.

Annual Statements

On a charts below the Line shows absolute values and the Bar chart shows Year-Over-Year Growth Rate for selected financial statement item.
A consistent GROWTH is generally considered necessary to fund future growth from within a business.
NOTE: Growth Rate is not provided if either the latest period or the year-ago period contains a net loss.
(source: WSJ Digest of Earnings)
TIP! move your mouse pointer over bar or a circle on any chart below to see details.

Financial Statements

Income Statement

Cash Flow Statement

Balance Sheet

Liquidity Ratios

Current Ratio

Current Ratio measures the ability to meet short term obligations. Generally accepted standard is 2 (current assets should be 2 times or 200% of current liabilities).

Quick Ratio

Measures immediate liquidity or the cash available to cover immediate liabilities. A safe margin would be at least 1 (100%).

Financial Leverage

Defined as total assets divided by total shareholders' equity. The higher the ratio, the more debt a company uses in its capital structure.

Profitability Ratios

ROA

Return on Assets (ROA) measures the income (profit) that is generated by the use of the assets of the business.

ROE

Return on Equity (ROE) is a measure of profitability that calculates how many dollars of profit a company generates with each dollar of shareholders equity.
ROE is sometimes called "return on net worth."

ROIC

The Return on Invested Capital (ROIC) measure gives a sense of how well a company is using its money to generate returns. Some investors use this figure as a final evaluation to determine whether or not to invest in a company.

Annual Statements

Item Name

Dec '14

Dec '15

Dec '16

Dec '17

Dec '18

Equity (BVPS)

1.92

4.86

4.55

growth rate

153.1%

-6.4%

Earnings BIT

1.58

-0.10

3.45

0.97

-1.39

growth rate

-100.0%

100.0%

-71.9%

-100.0%

Avg.PE

164.15

36.23

76.09

73.28

growth rate

-77.9%

110.0%

-3.7%

ROA

13.24

-1.54

6.16

2.03

-4.73

growth rate

-100.0%

100.0%

-67.1%

-100.0%

ROE

2.50

-5.66

growth rate

-100.0%

ROIC

2.02

-6.82

growth rate

-100.0%

Cur. Ratio

1.88

1.23

5.50

4.74

5.74

growth rate

-34.6%

347.2%

-13.8%

21.1%

Quick Ratio

1.83

1.20

5.45

4.60

5.43

growth rate

-34.4%

354.2%

-15.6%

18.0%

Leverage

1.25

1.22

1.17

growth rate

-2.4%

-4.1%

Balance Sheet

Dec '14

Dec '15

Dec '16

Dec '17

Dec '18

Acct.Receivable

3.51

3.73

5.16

8.42

7.01

growth rate

6.2%

38.1%

63.3%

-16.7%

Acct.Payable

2.41

2.87

3.95

3.97

4.14

growth rate

19.1%

37.4%

0.5%

4.2%

Cur.Assets

7.28

9.38

50.81

46.08

43.09

growth rate

28.8%

441.8%

-9.3%

-6.5%

Total Assets

8.73

15.26

56.06

56.30

52.91

growth rate

74.7%

267.4%

0.4%

-6.0%

Cash

3.59

5.34

45.16

15.03

13.62

growth rate

48.6%

746.4%

-66.7%

-9.4%

Inventory

0.12

0.12

0.15

0.74

1.35

growth rate

0.0%

22.6%

405.2%

82.2%

Cur.Liabilities

3.87

7.58

9.24

9.73

7.51

growth rate

95.7%

22.0%

5.3%

-22.8%

Liabilities

4.87

10.86

11.03

10.07

7.76

growth rate

123.0%

1.6%

-8.7%

-23.0%

LT Debt

0.35

2.72

1.33

growth rate

684.6%

-51.0%

Equity

-43.64

-45.38

45.03

46.23

45.15

growth rate

0.0%

100.0%

2.7%

-2.3%

Common Shares

6.00

6.00

5.00

10.00

10.00

growth rate

0.0%

-16.7%

100.0%

0.0%

Cash Flow Statement

Dec '14

Dec '15

Dec '16

Dec '17

Dec '18

Capital Expenditures

0.98

0.13

0.28

0.26

0.99

growth rate

-86.5%

107.4%

-4.5%

276.2%

Cash Dividends

0.00

0.00

growth rate

Cash From OA

1.65

1.85

4.67

-0.25

1.38

growth rate

12.2%

152.6%

-100.0%

100.0%

FCF per Share

0.46

0.15

-0.13

growth rate

-67.4%

-100.0%

Sale Purchase of Stock

0.00

0.30

40.54

0.59

growth rate

151,100.0%

13,304.5%

-98.6%

FCF

1.00

2.00

4.00

-1.00

0.39

growth rate

100.0%

100.0%

-100.0%

100.0%

Income Statement

Dec '14

Dec '15

Dec '16

Dec '17

Dec '18

Sales

25.51

27.79

43.43

49.52

60.63

growth rate

9.0%

56.3%

14.0%

22.4%

Op.Income

1.58

-0.10

3.45

0.97

-1.39

growth rate

-100.0%

100.0%

-71.9%

-100.0%

IBT

1.16

-2.71

2.20

1.17

-2.48

growth rate

-100.0%

100.0%

-47.1%

-100.0%

Net Income

1.16

-2.72

2.20

1.14

-2.58

growth rate

-100.0%

100.0%

-48.0%

-100.0%

EPS

0.21

-0.48

0.40

0.11

-0.27

growth rate

-100.0%

100.0%

-72.5%

-100.0%

Gross Profit

11.38

11.64

19.28

23.30

26.51

growth rate

2.4%

65.5%

20.9%

13.8%

R&D

3.31

4.26

5.62

7.32

9.32

growth rate

28.6%

32.1%

30.2%

27.3%

Quarterly Statements

Item Name

Jun '18

Sep '18

Dec '18

Mar '19

Jun '19

Earnings BIT

-1.65

0.31

1.12

0.18

0.50

growth rate

100.0%

264.5%

-84.1%

178.0%

Balance Sheet

Jun '18

Sep '18

Dec '18

Mar '19

Jun '19

Acct.Receivable

6.85

7.39

7.01

7.98

9.72

growth rate

7.8%

-5.1%

13.8%

21.8%

Acct.Payable

3.98

3.88

4.14

4.64

5.54

growth rate

-2.4%

6.6%

12.2%

19.3%

Cur.Assets

40.36

41.31

43.09

43.06

46.04

growth rate

2.4%

4.3%

-0.1%

6.9%

Total Assets

50.62

51.34

52.91

52.64

55.80

growth rate

1.4%

3.1%

-0.5%

6.0%

Cash

13.26

13.06

13.62

11.75

13.64

growth rate

-1.5%

4.3%

-13.8%

16.1%

Inventory

0.79

1.22

1.35

1.28

1.10

growth rate

53.4%

11.0%

-5.0%

-14.7%

Cur.Liabilities

7.27

7.37

7.51

6.38

8.01

growth rate

1.4%

1.9%

-15.0%

25.5%

Liabilities

7.58

7.65

7.76

6.60

8.18

growth rate

0.9%

1.5%

-15.0%

24.0%

LT Debt

growth rate

Equity

43.04

43.69

45.15

46.05

47.62

growth rate

1.5%

3.3%

2.0%

3.4%

Common Shares

0.00

0.00

0.00

0.00

0.00

growth rate

0.0%

0.0%

0.0%

0.0%

Cash Flow Statement

Jun '18

Sep '18

Dec '18

Mar '19

Jun '19

Capital Expenditures

0.15

0.10

0.24

0.16

0.25

growth rate

-33.7%

139.8%

-33.1%

54.6%

Cash Dividends

growth rate

Cash From OA

0.25

0.34

2.62

-0.88

1.10

growth rate

36.4%

674.3%

-100.0%

100.0%

Sale Purchase of Stock

growth rate

FCF

0.10

0.24

2.38

-1.03

0.85

growth rate

142.9%

896.4%

-100.0%

100.0%

Income Statement

Jun '18

Sep '18

Dec '18

Mar '19

Jun '19

Sales

14.97

15.79

16.56

15.11

14.46

growth rate

5.4%

4.9%

-8.8%

-4.3%

Op.Income

-1.65

0.31

1.12

0.18

0.50

growth rate

100.0%

264.5%

-84.1%

178.0%

IBT

-3.14

0.46

1.27

0.37

0.69

growth rate

100.0%

175.0%

-71.1%

87.3%

Net Income

-3.19

0.44

1.27

0.34

0.66

growth rate

100.0%

191.5%

-73.6%

96.8%

Gross Profit

6.60

6.87

6.85

6.79

6.69

growth rate

4.0%

-0.2%

-0.9%

-1.5%

R&D

2.42

2.47

2.16

2.34

2.20

growth rate

2.3%

-12.8%

8.4%

-5.8%

Growth Grade & Financial Ratios

All financial ratios below are calculated based on latest annual statements available and present the most up to date snapshot of a company finances.